Steven M. Sheffrin
Encyclopedia
Steven M. Sheffrin, a noted expert on property tax
limitations in the United States, is the Director of Tulane University
’s Murphy Institute
and a Professor of economics.
(College of Social Studies; Magna Cum Laude with additional honors) in 1972 and his PhD in economics from the Massachusetts Institute of Technology
.
in 1976 in the economics department. He served as chair of that department from 1983–1990 and in 1998 he become dean of the division of social sciences, a post he held until 2008. During his tenure at Davis, Sheffrin founded the Center for State and Local Taxation in 1991 in collaboration with the Franchise Tax Board and the Board of Equalization, which offered a yearly program in state and local taxation.
While at UC Davis, Sheffrin held several other positions as well. From 1980–81 he served as a Financial Economist for the U.S. Department of Treasury and was on the Board of Directors of the National Tax Association from 1992–95. In addition, in 1993 Sheffrin was appointed to the Fiscal Task Force for the California Business Higher Education Forum where he was responsible for the property taxation component.
, public finance
, and international economics
. His book Rational Expectations (2nd edition, Cambridge University Press
, 1996) is a highly regarded introduction to this important theory." He has written extensively on California Proposition 13
and was Director of the Proposition 13 Study Project for the Assembly Office of Research for the State of California from 1990–91. Proposition 13 is the controversial property tax law enacted in 1978 that limited property taxes to no more than one percent of the assessed value of a property. As a result of his expertise, Sheffrin is often called upon to discuss the long- term implications of the law and the impact it has had on California’s businesses and residents Sheffrin is also frequently interviewed on other local and national tax issues.
Property tax
A property tax is an ad valorem levy on the value of property that the owner is required to pay. The tax is levied by the governing authority of the jurisdiction in which the property is located; it may be paid to a national government, a federated state or a municipality...
limitations in the United States, is the Director of Tulane University
Tulane University
Tulane University is a private, nonsectarian research university located in New Orleans, Louisiana, United States...
’s Murphy Institute
Murphy Institute
The Murphy Institute is a research and educational center that supports a number of academic programs in the fields of political economy and ethics at Tulane University, New Orleans, Louisiana, United States.-The Murphy Institute:...
and a Professor of economics.
Education
Dr. Sheffrin received his undergraduate degree from Wesleyan UniversityWesleyan University
Wesleyan University is a private liberal arts college founded in 1831 and located in Middletown, Connecticut. According to the Carnegie Foundation for the Advancement of Teaching, Wesleyan is the only Baccalaureate College in the nation that emphasizes undergraduate instruction in the arts and...
(College of Social Studies; Magna Cum Laude with additional honors) in 1972 and his PhD in economics from the Massachusetts Institute of Technology
Massachusetts Institute of Technology
The Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...
.
Career
Dr. Sheffrin began his academic career at University of California, DavisUniversity of California, Davis
The University of California, Davis is a public teaching and research university established in 1905 and located in Davis, California, USA. Spanning over , the campus is the largest within the University of California system and third largest by enrollment...
in 1976 in the economics department. He served as chair of that department from 1983–1990 and in 1998 he become dean of the division of social sciences, a post he held until 2008. During his tenure at Davis, Sheffrin founded the Center for State and Local Taxation in 1991 in collaboration with the Franchise Tax Board and the Board of Equalization, which offered a yearly program in state and local taxation.
While at UC Davis, Sheffrin held several other positions as well. From 1980–81 he served as a Financial Economist for the U.S. Department of Treasury and was on the Board of Directors of the National Tax Association from 1992–95. In addition, in 1993 Sheffrin was appointed to the Fiscal Task Force for the California Business Higher Education Forum where he was responsible for the property taxation component.
Research
Sheffrin’s research focuses on public finance, taxation and behavioral economics, exploring the practical, policy-oriented questions related to property taxation, state corporate taxation, tax fairness and compliance. "He is the author of ten books and monographs and over one hundred articles in the fields of macroeconomicsMacroeconomics
Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of the whole economy. This includes a national, regional, or global economy...
, public finance
Public finance
Public finance is the revenue and expenditure of public authoritiesThe purview of public finance is considered to be threefold: governmental effects on efficient allocation of resources, distribution of income, and macroeconomic stabilization.-Overview:The proper role of government provides a...
, and international economics
International economics
International economics is concerned with the effects upon economic activity of international differences in productive resources and consumer preferences and the institutions that affect them...
. His book Rational Expectations (2nd edition, Cambridge University Press
Cambridge University Press
Cambridge University Press is the publishing business of the University of Cambridge. Granted letters patent by Henry VIII in 1534, it is the world's oldest publishing house, and the second largest university press in the world...
, 1996) is a highly regarded introduction to this important theory." He has written extensively on California Proposition 13
California Proposition 13
There are two different ballot proposition in California called Proposition 13:* California Proposition 13 , about property taxation.* California Proposition 13 , about state officer salary increases....
and was Director of the Proposition 13 Study Project for the Assembly Office of Research for the State of California from 1990–91. Proposition 13 is the controversial property tax law enacted in 1978 that limited property taxes to no more than one percent of the assessed value of a property. As a result of his expertise, Sheffrin is often called upon to discuss the long- term implications of the law and the impact it has had on California’s businesses and residents Sheffrin is also frequently interviewed on other local and national tax issues.
External links
- http://murphy.tulane.edu/people/steven-m-sheffrin.php